Finance

U.K. satellite operator Avanti Communications is set to receive more than $20 million from the Indonesia government in August as the result of a legal action it brought against the […]

The combination of Hispasat and SkyPerfect JSAT as strategic investors could be “a marriage made in heaven” for LeoSat, Chief Executive Officer (CEO) Mark Rigolle said during an exclusive talk […]

Telesat has made a key technology move as it looks to build out its Low Earth Orbit (LEO) constellation. The Canadian operator has signed a memorandum of understanding with General […]

Virgin Orbit has signed a memorandum of understanding with Sitael, a privately owned Italian space company, to collaborate on investments including orbital launches and future launch system evolution. Sitael previously […]

Gilat Satellite Networks is teaming up with Telesat to develop a broadband communications technology using Low Earth Orbit (LEO) satellites. The joint Canada-Israel endeavor will combine both company’s engineering capabilities […]

Lockheed Martin signed a contract with Guardtime Federal, a cybersecurity company servicing the U.S. government, to incorporate a variety of integrity and cyber-related capabilities into Lockheed Martin aircraft products and […]

Japanese space debris-removal company Astroscale has established its first ground station in Totsuka, Yokohama, the company announced July 6. The ground station will provide data transmission and reception services in […]

DigitalGlobe has appointed U.S. Air Force Col. (Ret.) Mike Edwards vice president and senior advisor for defense programs, the Maxar Technologies-owned imagery satellite operator announced July 5. Edwards will report […]

British mobile satellite operator Inmarsat has rejected a 2.45 billion pound ($3.2 billion) bid from U.S.-based satellite group EchoStar, stating that the offer “very significantly undervalued” the company and its […]

Consolidated Precision Products Corporation (CPP), a manufacturer of highly engineered components and sub-assemblies, announced July 4 that it acquired Selmet, a manufacturer of titanium castings and machined components. Both companies […]

Eutelsat promoted Ghassan Murat to the role of managing director of Eutelsat’s Middle East office, according to a July 5 statement by Eutelsat’s Middle East and North Africa (MENA) Regional […]

NSSL Global, an independent service provider of satellite communications, acquired the remaining 49 percent of shares of Marine Electronics and now has complete ownership of the company. NSSL Global said […]

UPDATED 06/26/2018 – Eutelsat announced June 26 that it no longer intends to make an acquisition offer for Inmarsat, though it will reserve the right to reconsider its position within […]

Mu Space has released a Request for Proposals (RFP) for a manufacturer to build the company’s first satellite with coverag spanning across Asia-Pacific. The High Throughput Satellite will be on […]

Viasat has appointed Dave Ryan to lead its space systems business, effective immediately. Ryan will provide strategic guidance and oversight for the satellite system design, fabrication, test and operations of […]

Airbus has opened its Space Academy in Toulouse, France to help train customers in the operation of satellites and space systems that are acquired from the company. When a customer […]

Firefly Aerospace has appointed Leslie Kovacs as vice president of business development. Kovacs has more than 30 years of space launch industry experience, most recently at United Launch Alliance (ULA) as director […]

Spatial analytics provider Esri and DigitalGlobe have created a story map of high-resolution imagery that visualizes the 12 venues being used for the 2018 FIFA World Cup in Russia, exclusive to The […]

In one of the biggest deals in U.S. media history, AT&T has been given the go-ahead to acquire Time Warner. Given that AT&T owns DirecTV, one of the largest satellite […]

As fiscal year 2017 financials trickled in, it was clear that the impact of a changing market and pricing declines continues to hit the bottom line of commercial satellite operators. […]

Viasat has acquired Horsebridge Defence and Security, a U.K.-based company focused on design, system integration and support of deployable secure networks. Through this acquisition, the Viasat U.K. group gains deeper military communications integration […]

Kratos Defense and Security Solutions has completed the sale of its Public Safety and Security division (PSS) to Securitas Electronic Security. At the transaction close, Kratos received $70.7 million in […]

According to Northern Sky Research (NSR), the commercial ground segment market will grow from $5.6 billion in 2016 to $11.5 billion in 2025, generating more than $100 billion in revenue […]

MDA, a Maxar Technologies company, has appointed Chris Pogue to serve as president of the newly created MDA Government division. In addition, MDA has announced an organizational shift to better align […]

Chilean satellite service provider Andesat has upgraded to iDirect’s Evolution 4.1 software, along with iDirect’s iQ Desktop Remote and Intelligent Gateway to introduce new DVB-S2X networking capabilities. During network testing […]

Inmarsat has rejected an initial acquisition approach from EchoStar, Inmarsat confirmed in a statement issued late last week saying the “highly preliminary” proposal “significantly undervalued” the company. Inmarsat is one […]

Hispasat and telecommunications services provider Eurona have launched a satellite-based broadband service in the Canary Islands archipelago. The digital inclusion project was presented earlier this year and is designed to […]

Intelsat has selected RingCentral as its cloud communications and collaboration solutions provider across its international locations. With globally distributed employees, Intelsat was looking to move to a cloud-first solution to […]

Iceye has taken a huge step forward with another $34 million of funding secured in the last two weeks. This means the company is on track to have 18 satellites […]

Nigerian Communications Satellite (NigComSat) has upgraded its iDirect network to the latest Evolution 4.1 software to achieve gains in bandwidth efficiency and enhance customer experience. With the upgrade of its […]